Are you reading this from a forwarded email?
New readers can receive our RBR Morning Epaper FREE for the next 60 Business days! SIGN UP HERE

Transactions

$7.5M KBUC-FM San Antonio (Jourdanton TX) from Reding Enterprises Ltd. (Jane S. Reding) to BMP San Antonio License Company LP, a subsidiary of Border Media Partners LLC (Thomas Castro et al). $375K escrow, balance in cash at closing. Superduopoly with KLEY-FM, KSAH-AM, KROI-FM and LMA of KFNI-AM. [File date 8/5/04.]

$2.1M KATD-FM Beaumont-Port Arthur TX (Silsbee TX) from Hilco Communications Inc. (William Hill) to Cumulus Licensing LLC, a subsidiary of Cumulus Media (Lewis W. Dickey Jr.). $700K paid 3/22/02, $700K paid 7/18/04, $700K cash at closing or by 7/22/09. Superduopoly with KVST-FM Willis TX (which has CP to move to La Porte), KWRP-FM/KQXY-FM/KTCX-FM/KIKR-AM Beaumont TX, KSTB-FM Crystal Beach TX & KQHN-AM Nederland TX. LMA 7/18/01, when contract for transaction was originally signed. [File date 8/5/04.]



Radio Business Report
First... Fast... Factual and Independently Owned

Sign up here!New readers can receive our RBR Morning Epaper
FREE for the next 60 Business days!


Have a news story you'd like to share? [email protected]

Advertise with RBR | Contact RBR
© 2004 Radio Business Report. All rights reserved.